Commodities (Crude Oil & Copper) & Macro Outlook

According to an announcement by Shanghai International Energy Exchange on October 9, 2026, one group of accounts with actual controlling relationship exceeded daily opening trade limits on relevant contracts. The accounts' trading behavior violated Article 16 of the Exchange's Abnormal Trading

As of October 9, Beijing time, data from Gate 行情 shows that WTI 原油 is trading at $90.15, down 1.42% over 24 hours, with an intraday price range of $89.70 to $92.76; 布伦特原油 is trading at $101.41, down 1.55% over 24 hours, with an intraday price range of $100.82 to $104.60; natural gas is trading at $3.303, down 1.96% over 24 hours. Brent crude oil's 24-hour trading volume was $30,841,300, while WTI crude oil's was $89,160,300. Source: Gate 行情 data Why Diplomatic Signals Have Driven Down Oil's Risk

According to the European Commission, the EU has selected 46 strategic raw materials projects on Friday that will receive accelerated approval and support in securing public and private funding. The projects, spanning 16 EU member states, cover 15 of 17 critical raw materials listed by the EU,

According to the London Metal Exchange (LME), on October 9, key commodity inventories declined sharply. Copper inventory fell 2,200 tons, nickel inventory dropped 1,314 tons, zinc decreased 575 tons, and lead fell 750 tons. Tin inventory decreased 45 tons, while aluminum inventory remained

According to yicai, the cryptocurrency market saw over 110,000 liquidations in the past 24 hours on October 9, with Bitcoin dropping more than 3% to $83,511 and Ethereum falling nearly 5%, according to Coinglass data. The sell-off coincided with a sharp decline in precious metals, with spot gold

According to Jin10 Futures, as of October 9, Dalian Commodity Exchange chemical futures warehouse receipts data for the day showed: polyvinyl chloride (PVC) holdings stood at 117,755 lots, down 340 lots; polypropylene (PP) at 27,965 lots, up 1,108 lots; ethylene glycol (EG) at 6,226 lots, down 312 l

According to Guru Club, Zimbabwe's information minister Nick Mangwana confirmed on October 9 that the country plans no delay to its lithium concentrate export ban set for January 2027. Mangwana stated that domestic lithium mining enterprises have had sufficient time to prepare for the domestic

According to Jin10, European stock markets opened higher on October 9, buoyed by falling bond yields and softer oil prices. The Stoxx Europe 600 index gained 0.8%, while the UK FTSE 100, German DAX, French CAC 40, Italian FTSE MIB, and Spanish IBEX 35 all advanced between 0.1% and 0.9%. Banking, sof

According to Guru Club, on October 9, China's commodity futures closed mixed, with methanol surging over 7% and coking coal rising more than 4%. Plastics and polypropylene gained over 3%, while shipping routes for Europe fell more than 5% and lithium carbonate dropped over 3%.

According to the Shanghai Futures Exchange (SHFE), warehouse receipt data for precious metals and base metals as of October 9 showed mixed movements. Copper futures warehouse receipts increased by 599 tonnes to 8,285 tonnes; aluminum fell 4,786 tonnes to 113,610 tonnes; zinc declined 976 tonnes to 7

According to Jin10, on October 9, pulp futures warehouse inventory at Shanghai Futures Exchange reached 408,103 metric tons, up 107 tons from the previous trading day. Pulp futures factory inventory remained flat at 20,000 metric tons. Other energy and chemical product inventories, including

According to Guru Club, the Shanghai Containerized Freight Index European route futures main contract declined 5% intraday on October 9, currently trading at 2,701 points.

According to Jin10, on October 9, Indonesia ordered government ministries and agencies to cut their unused travel budgets by 30% as oil price increases and major project spending pressure the fiscal position. As of late September, the country's budget deficit widened to 1.24% of GDP. Energy

According to Saudi Central Bank Governor Al-Sayari on October 9, the East-West Pipeline continues to supply oil to customers during disruptions in the Strait of Hormuz and Red Sea shipping routes. The pipeline, which transports crude from eastern oilfields to the Red Sea coast, currently handles

In US Stock Market News, U.S. stocks rose to the edge of their all-time high on Monday after buyout announcements helped lift the market. The S&P 500 climbed 0.7 per cent and pulled within 0.3 per cent of its record, which was set during the summer, while the Nasdaq composite rallied 1.1 per cent to

According to Guru Club, Indian mining ministry officials are considering establishing a strategic reserve for critical minerals, the ministry said on October 9.

US stocks pulled back from their record highs on Wednesday as the S&P 500 slipped 0.2%, a day after topping its prior all-time high set in August, while the Dow Jones Industrial Average dropped 341 points, or 0.7%, and the Nasdaq composite fell 0.2% from its own record—a pullback driven by rising

According to Guru Club, India's daily average coal supply increased 36% from September's low on October 9.

Global stocks achieved their strongest weekly gain since May as US stock market news showed softer-than-expected jobs growth, reducing expectations for an imminent Federal Reserve rate increase. US stocks rose on Friday, led by technology and consumer discretionary shares, with the Nasdaq

US Stock Market News showed the S&P 500 and Dow Jones Industrial Average rising to all-time highs on August 4, 2026 at 8:27 PM UTC (April 5, 3:57 AM IST), driven by hopes for an agreement to revive the Strait of Hormuz. Bonds climbed and oil sank as Wall Street's enthusiasm was also fueled by